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Search: Posts Made By: jefforey
Forum: Traders Hideout February 15th, 2018, 09:18 AM
Replies: 105
Views: 45,227
Posted By jefforey
I can't. And if you are making such wild...

I can't. And if you are making such wild assumptions and extrapolation then I could only guess how your day-trading is going.
Forum: Traders Hideout February 15th, 2018, 09:09 AM
Replies: 105
Views: 45,227
Posted By jefforey
also artemiso is quoting figures for fx only for...

also artemiso is quoting figures for fx only for his brokerage. I am not sure the numbers can be extrapolated to cover the entire universe of day-tradable instruments over all brokerages.
Forum: Traders Hideout February 15th, 2018, 05:15 AM
Replies: 105
Views: 45,227
Posted By jefforey
That's not artemiso meant. He said gross profit....

That's not artemiso meant. He said gross profit. I bet the majority of the top 21 percentege is loosing to commission.
Forum: Traders Hideout February 14th, 2018, 11:32 AM
Replies: 105
Views: 45,227
Posted By jefforey
Your sarcasm has no value. Show me numbers.

Your sarcasm has no value. Show me numbers.
Forum: Traders Hideout February 14th, 2018, 05:48 AM
Replies: 105
Views: 45,227
Posted By jefforey
SMCJB, How do you know that kevin's automated...

SMCJB, How do you know that kevin's automated day-trading is profitable? maybe it's not. or maybe he is not day-trading at all. People posting on this thread except, maybe Ian, have taken exception...
Forum: Traders Hideout February 13th, 2018, 10:09 AM
Replies: 105
Views: 45,227
Posted By jefforey
another point i wish to raise is that what Iang...

another point i wish to raise is that what Iang posted is not a typical HFT strategy. HFTs are based on front running themes where the success probability is approaching 100%. I think they rely on...
Forum: Traders Hideout February 13th, 2018, 09:23 AM
Replies: 105
Views: 45,227
Posted By jefforey
Well that's what the challenge is, isn't it?...

Well that's what the challenge is, isn't it? beating slippage and commission.
Forum: Traders Hideout February 13th, 2018, 08:37 AM
Replies: 105
Views: 45,227
Posted By jefforey
Thankyou Iang for sharing the simulation result....

Thankyou Iang for sharing the simulation result. I will definitely read your journal. I did some basic math with your results and the below is my observation:

1. You have 3000 trades in the week...
Forum: Traders Hideout January 27th, 2018, 08:40 AM
Replies: 105
Views: 45,227
Posted By jefforey
Thanks everyone for your contribution. I truly...

Thanks everyone for your contribution. I truly appreciate each and every responce.




Michael. Thankyou for responding to this thread. Is your stop larger than profit target? I am really...
Forum: Traders Hideout January 26th, 2018, 05:23 AM
Replies: 105
Views: 45,227
Posted By jefforey
But if you are trading intraday and want to avoid...

But if you are trading intraday and want to avoid overnight risk then closing the trade before market close is normal. Isn't it?
Forum: Traders Hideout January 22nd, 2018, 01:32 PM
Replies: 105
Views: 45,227
Posted By jefforey
I agree that there is no incentive. I am just...

I agree that there is no incentive. I am just looking for some evidence. Not here to offend anyone. One way would be to post backtesting results done using tick data, I guess.
Forum: Traders Hideout January 22nd, 2018, 01:16 PM
Replies: 105
Views: 45,227
Posted By jefforey
I wasn't able to do it and neither have i seen...

I wasn't able to do it and neither have i seen anyone else be consistently profitable. But i would like to be proved wrong.
Forum: Traders Hideout January 22nd, 2018, 12:35 PM
Replies: 105
Views: 45,227
Posted By jefforey
How do you know what is happening in the market...

How do you know what is happening in the market right now?
Forum: Traders Hideout January 22nd, 2018, 11:53 AM
Replies: 105
Views: 45,227
Posted By jefforey
Why, what is so unrealistic about those rates. I...

Why, what is so unrealistic about those rates. I think it is common knowledge.
Forum: Traders Hideout January 22nd, 2018, 11:50 AM
Replies: 105
Views: 45,227
Posted By jefforey
nah, these rates are the prevailing rates....

nah, these rates are the prevailing rates. https://eminifuturesbroker.com/commissions/
Forum: Traders Hideout January 22nd, 2018, 11:47 AM
Replies: 105
Views: 45,227
Posted By jefforey
I have tried many strategies some just having one...

I have tried many strategies some just having one trade per day to as many as 20 trades per day. I have tried trailing stoploss types and profit target types but all of them fail to return...
Forum: Traders Hideout January 22nd, 2018, 11:28 AM
Replies: 105
Views: 45,227
Posted By jefforey
So they don't pay any exchange fees either?...

So they don't pay any exchange fees either? Following is what retail pays:
Exchane fee : $1.18
NFA: $0.02
Commission to broker: $0.74
Total Per Side/Contract : $1.94
Round-Trip/Contract : $1.94...
Forum: Traders Hideout January 22nd, 2018, 11:17 AM
Replies: 105
Views: 45,227
Posted By jefforey
Ok By Day-Trading I mean not more than 20...

Ok By Day-Trading I mean not more than 20 trades/Instrument a day. And all trades closed before market close.
Forum: Traders Hideout January 22nd, 2018, 11:07 AM
Replies: 105
Views: 45,227
Posted By jefforey
Thankyou for the feedback guys. Please keep it...

Thankyou for the feedback guys. Please keep it coming. I want to be proved wrong. I want to believe that day-trading could be a bread-winner profession. Haven't seen any evidence that would suggest...
Forum: Traders Hideout January 22nd, 2018, 10:32 AM
Replies: 105
Views: 45,227
Posted By jefforey
Well, there maybe exceptions but I am yet to see...

Well, there maybe exceptions but I am yet to see a day-trader being consistently profitable for at-least, say, 5-years. In tennis or golf the ratio of professionals versus wannabes is 1:10000. That...
Forum: Traders Hideout January 22nd, 2018, 08:24 AM
Replies: 105
Views: 45,227
Posted By jefforey
Can Day Trading be profitable for retail?

My opinion is : No, It cannot be profitable. I have been backtesting, simulating, live testing for the last 5 years and my opinion is that given the commissions, slippage etc retail user cannot be...
Showing results 1 to 21 of 21

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